Discover the differences, benefits, and impacts of fiscal and monetary policies on economic stability and growth.

It is such a pleasure to participate in the ECB Forum on Central Banking and discuss the paper by Evi Papa on Fiscal Rules and Macroeconomic Stabilization in the Euro Area. The paper reviews relevant ...

The Fiscal Affairs Department (FAD) of the IMF will celebrate 60 years since it was formed in 1964 with a one-day conference, “60 Years of FAD: The Fiscal Affair Continues,“ on November 4, 2024, in ...

When you ask economists what they think about the Federal Reserve’s monetary policy, as in interest rates, a growing number of them will tell you that rates are restricting the economy too much right ...

With the 2026 two sessions kicking off in early March, global attention is focused on China's macroeconomic policies and growth prospects. The Central Economic Work Conference in December set the tone ...

Using official data, this paper analyses the fiscal effects of Karnataka’s five guarantee schemes implemented in 2023–24 through a regional macroeconomic framework. Employing a spending multiplier ...

Former Treasury Secretary Lawrence Summers warned that the U.S. is suffering from the “least responsible” macroeconomic policy in four decades, pointing the finger at both Democrats and Republicans ...

Learn how fiscal policy is shaped in the U.S., the roles of the President and Congress, and how these branches collaborate on ...

Fiscal policy is a tool used by governments to regulate economic activities in their country. It is one of the two main categories of economic policy, along with monetary policy. The main goal of ...

Nominal GDP is a crucial indicator for understanding macroeconomic policy mistakes. Fiscal policy and supply shocks are often overrated in their impact on nominal GDP growth. The earlier, simpler ...

Which State Bank of Vietnam (SBV) policy decisions most clearly demonstrate the resolve to safeguard macroeconomic stability without affecting growth momentum? Pham Thanh Ha Last year was ...